Police seize meth with street value of $12m in major bust

Police have sized more than one million dollars in cash and assets, as well as meth with an estimated street value of $12 million.

One of the bikes seized in the drug bust. Photo: NZ Police

In a major drug bust today, more than 150 police staff raided houses and commercial properties in Auckland, Canterbury and Southland.

The seizures took place in suburbs including New Lynn, Blockhouse Bay, Avondale, Manukau, Mt Eden, Grey Lynn, Karaka, Greenlane, Manurewa and Northcote in Auckland.

Ten people have been arrested.

Porsche seized in the drug bust. Photo: NZ Police

The warrants are part of an operation dubbed Operation Maddale, run by the National Organised Crime Group.

More than $550,000 of cash was seized along with luxury vehicles including a Porsche, a Jeep and several motorbikes.

National Organised Crime Group's Detective Inspector Greg Cramer said the seizures and arrests have disrupted a sophisticated methamphetamine network within New Zealand, and will prevent a significant amount of harm to our communities.